WHY SHOP ANY LONGER?
THIS IS THE CONSTRUCTION PROGRAM
YOU HAVE BEEN LOOKING FOR! CONTACT US TODAY

We are a full service banker offering purchase, refinance, and construction/renovation.
Licensed to do business in VA, MD, DC, WV, GA, NC, PA, DE.

FULL DOC or STATED INCOME CONSTRUCTION PERM MONEY
USE it for
NEW Construction
or Rehabilitation of an Existing Property.
Modular Home financing also available.

Requirements:

• Minimum Credit Score 620
• 4 Months Reserves after Settlement
• Owner Occupant, Second Home, Investor (Renovation Only) – Call For Details

Features/Benefits:

• Lending Limit up to $5 Million
• NO Payments During Construction – whether or not they live in the property.
• Up to 24 months to complete construction.
• One Time Close – with Modification to a Permanent loan at the completion of construction.
• Cap/Float Down on Interest Rates at the end of Construction – The borrower will obtain the lowest interest rate possible on their permanent mortgage.
• Up to 95% LTV. All acquisition costs of the property can be rolled into the loan.
• Modular Home financing is available - direct bill is available to the modular company. The contractor doesn't have to use his credit line.
• Borrower Documentation - Options include Full, and Stated Income.

  Construction Items Needed for EITHER Construction Perm or Modular Home program.

  1. Plans & Specs
  2. Line Item Cost Breakdown from the Contractor/Builder
  3. Construction Contract with Contractor/Builder

     This is THE BEST Construction Perm Program in the Country
     Call for Further Details

• RENOVATION, CONSTRUCTION AND CONSTRUCTION PERMANENT PRODUCTS INCLUDE
• FHA 203k
• Construction Perm Financing
• Single Close Construction Financing
• Double Close Construction Financing
• 95% Construction or Construction Perm Financing
• Loan Amounts up to cover your needs up to $5 Million!
• Call me for a free Personal Consultation about how your Renovation/Construction project can be customized to your individual needs.
• FNMA Homestyle 80% LTV Investor Available
• FHA 203k 1-4 Unit Financing Available
• FNMA Homestyle 1-4 Unit Financing Available

THE BENEFITS OF A REVERSE MORTGAGE

A reverse mortgage loan allows you to turn your largest asset – you home- into a customized pension plan.

There are many benefits to making the most of your biggest asset:

1. The Homeowner continues to own and occupy the home for the rest of their days. It is not possible to be evicted or foreclosed upon for non-payment. The lender does not want your home. This is a loan secured by the expected future value of the home.
2. There is no tax due on the money received. The homeowner receives proceeds of a loan from an asset they already own. The interest accumulated and is deductible one the home is sold.
3. Any other government benefits (such as SS, SSI, Medicare, Medicaid or others) are still available in full to the Homeowner. The exemption benefit available to people over 55 (for the equity when the home is sold is also preserved. In fact, if Medicaid is used for the payment of nursing home bills for a surviving spouse then a reverse mortgage allows the Homeowner to get the most our of the home, rather than Uncle Sam.

Reverse Requirements

1. No Income Verification
2. No Asset Verification
3. Credit Scoring is not needed
4. 62 years or older
5. HUD Counseling Certificate needed